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MGIC posts Q2 2026 net income of $182.1M, boosts share repurchase and dividends.

Company Fundamentals
29 Jul 2026
PRNewsWire
View Source
Bullish
MGIC posts Q2 2026 net income of $182.1M, boosts share repurchase and dividends.

MGIC Investment Corporation reported a net income of $182.1 million for Q2 2026, up from $165.3 million in Q1, with earnings per diluted share at $0.86. The company repurchased 6.6 million shares for $176.6 million and declared a $0.15 dividend per share, signaling strong financial health and shareholder returns. MGIC also approved an additional $750 million share repurchase program through 2028 and executed reinsurance coverage for 2027. These results reflect disciplined execution and a solid market position amid ongoing mortgage insurance demand.

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